Pratip Chaudhuri, deputy managing director of State Bank of India (SBI), was the only person nominated to become chairman of the nation’s largest lender, a finance ministry official with knowledge of the matter said. His name has been proposed to the appointment committee of the cabinet, which will make a decision in the last week of March, the person said. Om Prakash Bhatt, chairman of SBI, will retire at the end of this month. The search committee that recommended Chaudhuri included RBI governor D Subbarao and former banking secretary R Gopalan, the person said.
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